Recap: Paychex Q3 Earnings

 

Paychex PAYX reported its Q3 earnings results on Wednesday, March 30, 2022 at 08:30 AM.

Here's what investors need to know about the announcement.

Earnings

Paychex beat estimated earnings by 9.52%, reporting an EPS of $1.15 versus an estimate of $1.05.

Revenue was up $164.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.11 which was followed by a 0.62% increase in the share price the next day.

Here's a look at Paychex's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.80 0.80 0.67 0.92
EPS Actual 0.91 0.89 0.72 0.96
Revenue Estimate 1.06B 1.04B 980.48M 1.11B
Revenue Actual 1.11B 1.08B 1.03B 1.11B

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: EarningsBZI-Recaps
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